General Motors Company GM is set to restart battery cell production at its Ultium Cells facility in Warren, OH, following a seven-month shutdown triggered by weaker consumer demand for electric vehicles. Ultium Cells, a joint venture between General Motors and LG Energy Solution, will resume operations on its assembly lines next week, per Reuters. Once … Read more
SpaceX Has Slumped Since Its Debut. Here Is Where History Says the Stock Heads Next.
The whipping post
Key Points SpaceX (NASDAQ: SPCX), the aerospace and AI company founded by Elon Musk, went public at $135 per share on June 12. Its stock closed at a record high of $211.39 on June 16, but it now trades at about $140. Let’s see why it slumped — and where it might be headed. Why … Read more
Best Growth Stocks to Buy for August 14th
The whipping post
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 14th: Norwegian Cruise Line Holdings Ltd. NCLH: This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days. Norwegian Cruise Line Holdings … Read more
Notable Wednesday Option Activity: HUBG, AMD, SPCX
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hub Group, Inc. (Symbol: HUBG), where a total volume of 13,083 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 … Read more
Nvidia's Market Value Grew 24% Over the Past Year. Intel's Grew 474%.
Key Points Intel’s market value rose about 474% over the past year to roughly $510 billion, while Nvidia’s grew about 24% to $5.4 trillion. Roughly a sixth of Intel’s market-value gain came from new shares rather than a higher stock price. Nvidia earned $159.6 billion over the trailing year, while Intel reported an $11.3 billion … Read more